679 E Newlove Drive, Santa Maria CA, 93454

Sold

679 E Newlove Drive

Santa Maria CA, 93454

$475,000

$449.81 per sqft

Sold

3 Beds

1 Bath

1,056 sqft

Residential

Built in 1915

Listed by Adam McKaig with Douglas Elliman of California Inc. (805) 617-4180

679 & 681 are being sold together for their development opportunity. 679 is priced at $550K and 681 is priced at $700K - totally $1.25M. Rare DEVELOPMENT OPPORTUNITY for two adjacent lots totaling 1.44 acres. The properties are currently single family residences with the remnants of a dog kennel. This prime location is well aligned with the current need for housing. Each site is zoned R-2 (Medium Density Residential). Per the City of Santa Maria Planning Department, 17 units total could potentially be developed on the combined lots and a Conditional Use Permit would be required prior to developing. Also, per the City of Santa Maria, a higher density could potentially be accomplished typically with more low income affordable units. The parcels have 2 street frontages for optimum access.NOTE - the nearby 575 E. Newlove 1.4 acre parcel has just completed the new construction of 4 multi-housing buildings consisting of 16 two bedroom apartments.Convenient to restaurants, the extensive Betteravia Road/Broadway retail corridor, and Allan Hancock College. Easy access to Highway 101 and surrounding communities. Interested parties must verify allowed uses and density through the City Planning Department.

V1-14093

MLSⓇ ID

August 1, 2022

Listed

March 23, 2024

Updated

Map

679 E Newlove Drive
Santa Maria CA, 93454

Interior Features

Total Stories: 1
Bedrooms: 3 Beds
Bathrooms: 1 Bath
Laundry Description: Inside
Fireplace: Yes
Fireplace Description: None
Cooling: No
Cooling Description: None
Heating: Yes

Exterior/Building Features

Lot Size: 0.34 Acres
Lot Features: Sprinklers None
Architectual Style: Bungalow
Sewer: Public Sewer

School Information

High School: Other
Elementary School: Other

Other Property Details

Area Name: SMIA - Santa Maria
Days on Market: 13
Garage: Yes
Garage Spaces: 1
Parking Total: 1
View: No
View Description: None
County: Santa Barbara
Water Source: Public
Pool: No
Pool Features: None
Buyer Agency Compensation: 2.5%

Listing Contact: (805) 617-4180

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 3/23/2024 at 1:40 AM UTC